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Also known as: FOUNDATION
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Sumner And Lois Herman Charitable Foundation is a private trust based in WORCESTER, MA. The foundation received its IRS ruling in 2005. The principal officer is Peter Herman. It holds total assets of $816K. Annual income is reported at $433K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Massachusetts and New York. According to available records, Sumner And Lois Herman Charitable Foundation has made 72 grants totaling $142K, with a median grant of $971.5. Individual grants have ranged from $100 to $10K, with an average award of $2K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in Massachusetts, Texas, New York, which account for 92% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$500
Average Grant
$2K
Largest Grant
$19K
Based on 35 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Sumner And Lois Herman Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in MA, TX, NY.
Sumner And Lois Herman Charitable Foundation has distributed a total of $142K across 72 grants. The median grant size is $971.5, with an average of $2K. Individual grants have ranged from $100 to $10K.
Sumner And Lois Herman Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sumner And Lois Herman Charitable Foundation is headquartered in WORCESTER, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lois L Herman | Trustee | $0 | $0 | N/A |
| Peter L Herman | Trustee | $0 | $0 | N/A |
| Laura B Herman | Trustee | $0 | $0 | N/A |
| Robert A Adler | Trustee | $0 | $0 | N/A |
| Jacob A Herman | Trustee | $0 | $0 | N/A |
Total Giving
$85K
Total Assets
$816K
Fair Market Value
$1.1M
Net Worth
$816K
Grants Paid
$71K
Contributions
$31K
Net Investment Income
$16K
Distribution Amount
$52K
Total: $533K
Total Grants
72
Total Giving
$142K
Average Grant
$2K
Median Grant
$971.5
Unique Recipients
36
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shamrock FoundationGENERAL | Boston, MA | $7K | 2023 |
| ArckGENERAL | Boston, MA | $5K | 2023 |
| Jewish Federation Of Central MaGENERAL | Worcester, MA | $10K | 2023 |
| Brain Injury Assoc Of MassGENERAL | Westborough, MA | $6K | 2023 |
| Mass General Hospital DevelopmentGENERAL | Boston, MA | $5K | 2023 |
| Umass MemorialGENERAL | Worcester, MA | $5K | 2023 |
| White Snake ProjectsGENERAL | Brookline, MA | $4K | 2023 |
| Rosies PlaceGENERAL | Boston, MA | $4K | 2023 |
| Temple Beth AmGENERAL | Framingham, MA | $3K | 2023 |
| Jewish Healthcare CenterGENERAL | Worcester, MA | $3K | 2023 |
| Dress For SuccessGENERAL | Worcester, MA | $3K | 2023 |
| Worcester JccGENERAL | Worcester, MA | $3K | 2023 |
| Pan Mass ChallengeGENERAL | Needham, MA | $2K | 2023 |
| NepcfGENERAL | Westborough, MA | $2K | 2023 |
| PledgeitGENERAL | Worcester, MA | $1K | 2023 |
| Congregation Beth IsraelGENERAL | Worcester, MA | $1K | 2023 |
| Clear Path For VetsGENERAL | Devens, MA | $1K | 2023 |
| Womens FoundationGENERAL | Boston, MA | $1K | 2023 |
| National Breast CancerGENERAL | Frisco, TX | $903 | 2023 |
| American Heart AssociationGENERAL | Dalls, TX | $798 | 2023 |
| Eagle Hill SchoolGENERAL | Hardwick, MA | $550 | 2023 |
| Hoops For HomeworkGENERAL | Framingham, MA | $515 | 2023 |
| Memorial AssistanceGENERAL | Houston, TX | $500 | 2023 |
| DonorschooseGENERAL | New York, NY | $500 | 2023 |
| Worcester Tech HsGENERAL | Worcester, MA | $350 | 2023 |